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Dec 21, 2012
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. >> bank of america. i like this name. meredith whitney talked about dividend potential for next year. i like it a lot. >> steven weiss? >> thank you. i like bank of america too for my friend pete here. but i will talk about aig. i think it'll be a great company again next year. put a dividend in there. buy it. >> which they want to do. >> they want to do. >> he's done a phenomenal job. like gm, everybody made money. >> is that too much time? >> way too much time. >> are you 50? >> no, not yet. >> that does it for us. don't forget to catch "money in motion" and options this evening. have a great evening. follow me on twitter. and power starts now. >>> and we welcome you to "power lunch." we have three major news conferences in washington, d.c. president obama will nominate senator john kerry to be his next secretary of state. harry reid will be on the senate floor and house minority leader nancy pelosi will discuss the cliff crisis. with plan b history, washington is scrambling to get a deal done. the markets however are d
. >> bank of america. i like this name. meredith whitney talked about dividend potential for next year. i like it a lot. >> steven weiss? >> thank you. i like bank of america too for my friend pete here. but i will talk about aig. i think it'll be a great company again next year. put a dividend in there. buy it. >> which they want to do. >> they want to do. >> he's done a phenomenal job. like gm, everybody made money. >> is that too much time? >>...
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Dec 27, 2012
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let'for an idea.s - a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve
let'for an idea.s - a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the...
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Dec 14, 2012
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and welcome everybody into the free enterprise tradition called america. >>> now, if you thought the gao was the only one lavishly spending federal dollars on excessive corporate trips and parties, think again. we've got another one. reporter caroline may of the daily caller shines the spotlight on travel promotion agency brand usa and joins us now for the latest on this outrageous story of more government waste. caroline, welcome to the show. okay, so what is this? is this some sort of tourist board set up by the commerce department and they're just spending our money? what's going on here? >> well, actually, it is a fee -- the money comes from a fee that's levied on visitors to the united states. so technically it's not taxpayer money, but it is government money. this brand usa was created by a 2009 piece of legislation. and it said basically that for every $1 that this corporation, its mission is to promote travel to the united states from people coming -- for foreigners the come to the united states and participate in, you know, visiting the country. for every $1 they are able to
and welcome everybody into the free enterprise tradition called america. >>> now, if you thought the gao was the only one lavishly spending federal dollars on excessive corporate trips and parties, think again. we've got another one. reporter caroline may of the daily caller shines the spotlight on travel promotion agency brand usa and joins us now for the latest on this outrageous story of more government waste. caroline, welcome to the show. okay, so what is this? is this some sort...
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Dec 14, 2012
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america's natural gas... putting us in control of our energy future, now. >>> it's that time of year. president obama is expected to appoint a new treasury secretary. and speculation is rife with who might land the job. the front-runner seems to be jacob or rather jack lew. he's the former white house chief of stan staff and budget director. others are pulling for gary gensler. as for a female candidate, one name being floated is laura d. tyson, former economic adviser to president clinton. and billionaire warren buffett recently called for jpmorgan's ce oo jamie dimon to take the post. in an interview earlier this week, dimon shot down that speculation. >> i'm not suited. i don't believe i'm suited to it. i don't believe a ceo from wall street can be confirmed. .it's not what i want to do. i love my company. we do a lot avenue great stuff. i think it's perfectly suited to that. jamie did run through support behind front-runner jack lew and here is what he had to do. >> i think the world of jack rew. it's the
america's natural gas... putting us in control of our energy future, now. >>> it's that time of year. president obama is expected to appoint a new treasury secretary. and speculation is rife with who might land the job. the front-runner seems to be jacob or rather jack lew. he's the former white house chief of stan staff and budget director. others are pulling for gary gensler. as for a female candidate, one name being floated is laura d. tyson, former economic adviser to president...
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Dec 14, 2012
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america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal.
america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks...
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Dec 9, 2012
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the only stock america is watching tonight is apple. the national nightmare continues. apple is lower in nine of the last 11 sessions. it is in bear marketer torrey. it is below the death cross. people are panicking. mercury is in retrograde. the question now is, is this a broken stock or the buying opportunity of a lifetime? let's get into money and find out. dan, you are bearish on apple. it is important to understand why you think the stock is down before you can say whether or not it is a buying opportunity. >> this week was interesting. >> there were so many reasons. if you thought that this stock would be down 9% on a week and the s&p was basically flat to up a little bit. that is pretty crazy. there are stock specific things going on here. having nothing do with the broad market. to me we had tax selling and a whole host of reasons that came up this week. really, at the end of the day, i am going to break it down. it was not important what they are but the fever is broken in the name. the euphoria is done. the story is broken at least on this euphoric run. since
the only stock america is watching tonight is apple. the national nightmare continues. apple is lower in nine of the last 11 sessions. it is in bear marketer torrey. it is below the death cross. people are panicking. mercury is in retrograde. the question now is, is this a broken stock or the buying opportunity of a lifetime? let's get into money and find out. dan, you are bearish on apple. it is important to understand why you think the stock is down before you can say whether or not it is a...
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Dec 5, 2012
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and bank of america, which one? >> bank of america right away. i like what moynihan said about simplifying the mortgages, making that process simpler. that's where we see the most badge for our buck. if you look at the december calls and look at the ten strike, you talk about the ten levels, talking about the ten level, 250,000 plus options on open interest. people have been betting for this move. they're getting rewarded today. i think it doesn't stop at ten, if it can close above 1020, i think 11 is in the cards. >> i'm with mayo. i think it's a far better own. >>> all right, coming up, investors turning up the heat. cnbc's indicate kelly gives us the details on the embattled hedge fund next. goldman sachs lowers its goal forecast. is the move justified? we'll good to the pits to find out, when we come back. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory syst
and bank of america, which one? >> bank of america right away. i like what moynihan said about simplifying the mortgages, making that process simpler. that's where we see the most badge for our buck. if you look at the december calls and look at the ten strike, you talk about the ten levels, talking about the ten level, 250,000 plus options on open interest. people have been betting for this move. they're getting rewarded today. i think it doesn't stop at ten, if it can close above 1020,...
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Dec 27, 2012
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a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. >>> welcome back to "fast money." jcpenney was one of the worst performers in the s&p 500 today. "the wall street journal" saying 2013 is the do or die moment for retrailers like jcpenney along with best buy, sears and radio shack. what is remarkable to me, stephen weiss, is that a lot of analysts are finally getting behind ron johnson and his style, because jcpenney has reverted back to its promotion always, which didn't work in the first place. >> it's m
a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and...
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Dec 14, 2012
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a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. >>> it is time now for our top three trades and today focusing on some of the week's biggest winners and losers. shares of jcp, j.c. penney having their best week in over ten months. up more than 17%. the best performing stock in the s&p this week. up another 3% today. jp, what in the world is going on? >> don't get too excited. it is still off 63% from the february highs and it has rallied right into its declining 50-day moving average. this will be a ver
a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and...
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Dec 21, 2012
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a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. [ male announcer ] lease a 2013 e350 for $579 a month you know it can be hard to lbreathe, and how that feels.e, copd includes chronic bronchitis and emphysema. spiriva helps control
a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and...
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Dec 28, 2012
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bank of america we're out of. >> take a look at the losers. we'll discuss those. kick those around the horn a little bit. hello? losers. there they are. >> i thought you were going to show a picture of us. hello, losers. >> hp -- mcdonald's. let's take mcdonald's. maybe the most interesting heading into next year. >> i would hold this one. i love mcdonald's down here at these levels, judge. if you've been waiting to get into this one, i think this one works regardless of how we come out of this fiscal cliff and the debt ceiling. >> 3.5% dividend. what about hp? >> just don't go near it. there are so many better horses to play in the space, why gamble on it. it's cheap on an earnings basis but it's not very exciting. >> any takers on intel? >> i still like intel, sure. >> why? >> i'm one of the believers still that the pc world has not gone completely past us. you're starting to see more and more folks come to that conclusion. >> you still use a quill and an ink well. >> there's still some stuff working. >> what would make you think that? >> they've got a dividend
bank of america we're out of. >> take a look at the losers. we'll discuss those. kick those around the horn a little bit. hello? losers. there they are. >> i thought you were going to show a picture of us. hello, losers. >> hp -- mcdonald's. let's take mcdonald's. maybe the most interesting heading into next year. >> i would hold this one. i love mcdonald's down here at these levels, judge. if you've been waiting to get into this one, i think this one works regardless of...
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Dec 3, 2012
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we're going to look at america's growing spy network. what is it going to cost and it will be effective? >>> also, fast food work is being galvanized with recent waubouts like walmart. protests in new york city saying they want a bigger slice of the pie. >>> did you see the 60 minutes investigation on chain hma? why our guest has put the stock at a sell. >>> 2:00 to 3:00 p.m. eastern on "street signs." >>> ubs is loeldi inholding its annual media conference in new york today. david faber has the ceo from charter communications. his first interview from taking the top spot. >> we are here at the ubs media conference. with a guest in the media industry whom i have never interviewed on camera. tom rutledge, ceo of charter communications. 5 million subscribers spread across the country but certainly st. louis still the hub. nice to have you. >> thank you, david. glad to be here. >> you've been ceo of this company for most of this year, let's call it. ten months or so. it's different than cablevision which i ran as coo, the cable part of it,
we're going to look at america's growing spy network. what is it going to cost and it will be effective? >>> also, fast food work is being galvanized with recent waubouts like walmart. protests in new york city saying they want a bigger slice of the pie. >>> did you see the 60 minutes investigation on chain hma? why our guest has put the stock at a sell. >>> 2:00 to 3:00 p.m. eastern on "street signs." >>> ubs is loeldi inholding its annual media...
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Dec 19, 2012
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bank of america is strong and had a good run. citibank is doing much better. >> all right, on that optimistic note, well leave it there. i want it end the year on a high note, don. >> i think we will have a strong down. >> thanks. >> you will spend more time with us next month. we add lot of breaking news today. thank you so much. >> it's okay. i'm glad to be here. >> happy holidays. >> thank you, you too. ty, over to you. >> a product goes bust possibly igniting a banking crisis. sound familiar? it is not in the united states. but michelle knows where it is, michelle? >> you have to wait until after the break it find out where, but listen to this combination, tyler. investors desperately chasing the yield. the equivalent of sub prime borrowers and it is raising fears in a key economy. well tell you which one on the other side of the break. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and d
bank of america is strong and had a good run. citibank is doing much better. >> all right, on that optimistic note, well leave it there. i want it end the year on a high note, don. >> i think we will have a strong down. >> thanks. >> you will spend more time with us next month. we add lot of breaking news today. thank you so much. >> it's okay. i'm glad to be here. >> happy holidays. >> thank you, you too. ty, over to you. >> a product goes bust...
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Dec 31, 2012
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obviously, across america. we're focused mostly on the northeast, for sure, being in manhattan as we are. but we see strength in markets across -- not just across the united states, but also globally. and that kind of thing has gone to, i think, a level of education and interest that certainly has been burgeoning in america for the last ten or 15 years. now as markets become more sophisticated and get up to speeds with these levels of fine wine we're seeing that accelerate not just in the far east, but in emerging markets. >> and, chris, what are you popping open tonight? >> i think i'm going to have some roanarke champagne tonight. we're going to cheer a difficult end of the year in terms of what we want through regionally, but we're going to look forward to hopefully a fantastic year coming up. >> all right. he's staying traditional. chris adams is chairman and ceo of sharely lehman. thanks very much. >>> straight after the break, we take a look at whether chinese companies are helping iran break u.s. trade e
obviously, across america. we're focused mostly on the northeast, for sure, being in manhattan as we are. but we see strength in markets across -- not just across the united states, but also globally. and that kind of thing has gone to, i think, a level of education and interest that certainly has been burgeoning in america for the last ten or 15 years. now as markets become more sophisticated and get up to speeds with these levels of fine wine we're seeing that accelerate not just in the far...
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Dec 31, 2012
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next up, bank of america. the financial stock hands down the best performer in the dow this year, surging 109%. hold 'em or fold 'em. tim? >> you have to hold 'em. the thing that's not understood by people is that the trading part of this story, everybody recognizes the commercial banking story has gotten better. how about trading this? how about investment banking? this is something that's been a total head wind. and the fundamentals have been priced into these stocks that, say, they're not going to make money again. bank of america's got a big franchise. they told merrill lynch over five years ago. i would say long this name. >> and finally, the refiner tesoro, up 88% this year. grasso? >> they don't show that they missed this type of a rally. i think they're going to come under pressure, though, so, i fold. >> nice and strong, all of you. >> wow. >> gold stars for everyone. except for guy. >> i never get one. >>> coming up, market predictions. our traders tell you how to attack the new year. but first, jane
next up, bank of america. the financial stock hands down the best performer in the dow this year, surging 109%. hold 'em or fold 'em. tim? >> you have to hold 'em. the thing that's not understood by people is that the trading part of this story, everybody recognizes the commercial banking story has gotten better. how about trading this? how about investment banking? this is something that's been a total head wind. and the fundamentals have been priced into these stocks that, say, they're...
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Dec 4, 2012
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bank of america has 55 million customers here in america. they represent one out of every two households. so moynihan has a very good idea about what consumers are doing and if they spending less because of the fiscal cliff. here's what he had to say. >> i'm more about business behavior than consumer behavior. people continue to spend, housing is a little better. all the things that affect stock market are in decent shape. the question was will everything going on cause them on slow down again. >> what are you you see rg businesses right now? >> almost a year and a halving a go, businesses getting concerned about the nature of the dialogue about the fiscal situation? washington and in europe and the issues that had to be dealt with long term and how it affects near term business in terms of what would be accelerated appreciation for investment in business. what will be the final demand. so the uncertainty factor started weighing in and caused everybody to be much more cautious and continue to be more and more cautious worried about what migh
bank of america has 55 million customers here in america. they represent one out of every two households. so moynihan has a very good idea about what consumers are doing and if they spending less because of the fiscal cliff. here's what he had to say. >> i'm more about business behavior than consumer behavior. people continue to spend, housing is a little better. all the things that affect stock market are in decent shape. the question was will everything going on cause them on slow down...
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Dec 19, 2012
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a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. >>> welcome back to "fast money" in sometitimes square. video killed the radio star, but could your tv next? according to nielsen, 5 million homes in the u.s. are relying on a cable provider for internet but aren't paying for tv programming. so, why are people cutting the cord? will rising costs and limited offering have aufb been cited. despite this trend, cable stocks are seeing nice returns. so, just how big is the cord-cutting phenomenon? let's bring i
a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and...
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Dec 31, 2012
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that's if you break it down by every man, woman and child in america. that's the per capita fiscal cliff effect. but that effects a lot of people differently here. $26.2 million. that's the number of americans that will be caught by the amt, the alter naf tax system, unless congress comes up with a patch and that's part of the whole fiscal cliff effect. come on over here, we'll show you more. 2.1 million, that's the number of long term unemployed americans who will lose the extended benefits again if there's no fix to the fiscal cliff. $1,000, that's the amount that the average family will see a tax hike from the expiration of the payroll tax cuts. i would point out this is probably both away. both sides seem to be on board with undoing that temporary tax cut. 9% is the percent deutsche bank sees the unemployment rate up from the 7.8% where we are right now if we do go over the fiscal cliff. and then this number here, again, john harwood was talking about this, 8.2%, that's the across the board automatic cuts. fema, education, and of course state and lo
that's if you break it down by every man, woman and child in america. that's the per capita fiscal cliff effect. but that effects a lot of people differently here. $26.2 million. that's the number of americans that will be caught by the amt, the alter naf tax system, unless congress comes up with a patch and that's part of the whole fiscal cliff effect. come on over here, we'll show you more. 2.1 million, that's the number of long term unemployed americans who will lose the extended benefits...
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Dec 20, 2012
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a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. >>> one hour into trading, 10:27 here on wall street, 7:27 on the west coast. >>> a rebound in mid-atlantic activity. the philly fed index back in positive territory, 8.1, up from minus 10.7 in november. shares of conagra jumping to 52-week highs. the food company postbetter-than-expected earnings and raising guidance for fiscal 2013. and average rate for the fixed mortgage, 30-year, 3.37%, according to freddie mac. >>> all right. a couple minutes until we
a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and...
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Dec 12, 2012
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whatever the message to america was, didn't work. how are you going -- how is the political system going to grapple with the huge things that you're talking about if nobody is prepared in a majority to vote for it? >> it's a great question. of course, you can have whatever political view you want. you can even have opinions about economics. you cannot have opinions about math. so if we want a very large entitlement state, every american will have to pay much larger taxes. where i think there's the seed of a political compromise is say, let's actually strengthen social security and strengthen medicare, but for people who really need those programs. and then slow down the rate of growth for everybody else. we ought to be able to agree on that right and left. >> glenn, great to see you. or apologies for the set snafu there. >> don't worry. good to be with you. >> glenn hubbard. >> good to be with you. >> lloyd blankfein will speak live here from new york. we'll bring it to you as it happens. that should be just after 11:00 eastern exclu
whatever the message to america was, didn't work. how are you going -- how is the political system going to grapple with the huge things that you're talking about if nobody is prepared in a majority to vote for it? >> it's a great question. of course, you can have whatever political view you want. you can even have opinions about economics. you cannot have opinions about math. so if we want a very large entitlement state, every american will have to pay much larger taxes. where i think...
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Dec 28, 2012
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we spend about $90 billion a year in cap-ex restoring america's infrastructure. so these are things that are critical not only to southern but the hole utility industry. >> ed, where do you think, john, what should we do with dividends? >> i think rates are going to go up. because we already have the obama care. >> so what? >> i think we'll probably see 20% for both not counting the obama care. >> is that the right answer? >> well, i'd like to keep them as low as possible. but given that they're going to need to raise some money, my guess is they're going to go up modestly. i think 20 is probably about right. it's a better answer than ordinary income rates on dividends. but i'd like to ask tom, you know, people who point to the dividend effect also think it might be overblown because about 70% of dividend paying stocks are owned by investors, either foreigners, or in tax -- you know, tax exempt plans, retirement accounts, where tax rate doesn't matter. does that make you feel a little bit better about what might be going on in washington? >> no. look, we know tha
we spend about $90 billion a year in cap-ex restoring america's infrastructure. so these are things that are critical not only to southern but the hole utility industry. >> ed, where do you think, john, what should we do with dividends? >> i think rates are going to go up. because we already have the obama care. >> so what? >> i think we'll probably see 20% for both not counting the obama care. >> is that the right answer? >> well, i'd like to keep them as...
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once again, america's proof we are falling behind in infrastructure. thanks for watching "street signs." i'll send it to "closing bell." >> and hello again, everybody. welcome to the "closing bell." i'm mandy drury sitting in for maria bartiromo. happy boxing day as well. >> christmas is over but mandy has been celebrating boxing day all day. we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left
once again, america's proof we are falling behind in infrastructure. thanks for watching "street signs." i'll send it to "closing bell." >> and hello again, everybody. welcome to the "closing bell." i'm mandy drury sitting in for maria bartiromo. happy boxing day as well. >> christmas is over but mandy has been celebrating boxing day all day. we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the...
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this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> good morning and welcome back to "squawk box." here on cnbc. you've got to lost that shot. i'm joe kernen. along with becky quick and andrew ross sorkin. back in we call it ec, englewood cliff, new jersey. i'm in washington with my friend, john harwood. i don't want to pretend there's no bengals, but we
this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global...
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walmart. ♪ from america's gift headquarters. walmart. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. capella university understands back from rough economic times. employees are being forced to do more with less. and the need for capable leaders is greater than ever. when you see these problems do you take a step back, or do you want to dive right in? with a degree in business from capella university, you'll have the knowledge to go further in your career than you ever thought possible. let's get started at capella.edu with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. marriage took effect on thursday. under
walmart. ♪ from america's gift headquarters. walmart. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers....
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Dec 18, 2012
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and also i know that our schools in america are aging. i understand that. but if those who are in leadership roles would look at reinforced glass and secure entry ways, those are possibilities in a very difficult world and very difficult climate. parents are looking for answers, and we must commit to them when their children leave their precious homes that they can go to a place of safety and security. i think we can look way common-sense approach, and what i've offered is a common-sense approach. i look forward to working with senator feinstein and my other colleagues in moving forward and i think we've raised america's conscience on how precious these lives are. >> congresswoman, thank you very much for your time. we appreciate it. >> thank you for having me. >> right back to john berman. john is in new york. >> thank you so much, soledad. south carolina congresswoman tim scott will replace retired senator jim demint. she chose scott for his background and vision in business and his commitment to conservative principles. scott will be the only african-ame
and also i know that our schools in america are aging. i understand that. but if those who are in leadership roles would look at reinforced glass and secure entry ways, those are possibilities in a very difficult world and very difficult climate. parents are looking for answers, and we must commit to them when their children leave their precious homes that they can go to a place of safety and security. i think we can look way common-sense approach, and what i've offered is a common-sense...
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america's natural gas... putting us in control of our energy future, now. >>> ali joins us from new york. there are dramatic changes as far as the estate tax is concerned if we go over the fiscal cliff, if no legislation is passed between now and the end of the year, walk us through what the folks out there can expect. >> here's how it works, wolf. if a family members dies and leaves their estate not to their spouse. but to their decendents, their children or someone other than their children. the estate tax kicks in. here's what's happening this year. according to the independent tax policy center. a state center worth less than $5 million are exempt. the center estimates about 3600 people, families, estates will fall into that category this year. 2012. next year barring any congressional action, that exemption falls down to a million dollars, the rate you pay on that estate jumps up to between 41% and 55%. on top of that, there's a 5% tax on the portion of very large tax estates. the tax policy tenners esti
america's natural gas... putting us in control of our energy future, now. >>> ali joins us from new york. there are dramatic changes as far as the estate tax is concerned if we go over the fiscal cliff, if no legislation is passed between now and the end of the year, walk us through what the folks out there can expect. >> here's how it works, wolf. if a family members dies and leaves their estate not to their spouse. but to their decendents, their children or someone other than...
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america's gift headquarters. walmart. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. >>> rage right now in egypt. violent clashes outside the presidential palace. thousands fearing they might lose the freedom they won in the arab spring. >>> first pot, now same-sex marriage. washington state legalized both while you were sleeping last night. the details on both, those stories coming up. >>> a man in wisconsin is ordered not have any more children until he can afford them. you will never believe how many kids he's had by different women. >> that's wha
america's gift headquarters. walmart. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with...
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the answer is not to arm america and arm america's schools. the answer is to try to get the guns out of the hands of people who would do this kind of violence. we've got to look in a totally different direction than where some of these people are trying to point ous. >> congressman murphy, thanks so much for joining us. good luck. this is going to be a tough assignment for you and a tough assignment for everyone here. i think i speak for all of us. we've been thoroughly impressed by the people in newtown who could not have been warmer and more welcoming and have been excellent in dealing with the enormity of this crisis. congressman and senator, thanks very much. >> thank you very much. >>> still ahead, as newtown buries some of its children, a glimpse at the hard road ahead from parents who lost sons and daughters in other mass killings. >>> just going to a friend's wedding and watching her dance with her father, there's no way to stop the tears. >> to know what we're never going to have those simple joys, ever again. sts cell health plays a
the answer is not to arm america and arm america's schools. the answer is to try to get the guns out of the hands of people who would do this kind of violence. we've got to look in a totally different direction than where some of these people are trying to point ous. >> congressman murphy, thanks so much for joining us. good luck. this is going to be a tough assignment for you and a tough assignment for everyone here. i think i speak for all of us. we've been thoroughly impressed by the...
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Dec 10, 2012
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how canines helped win world war ii and how dogs like bo obama have a special place in america. i have a cold, and i took nyquil, but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! thanks. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. >>> so presidential pets serve many purposes. president obama promised a dog to his daughters after he won his first election in 2008 as a way of thanking him. and past military leaders and presidents oft share a unique relationship with their dogs. "dogs of war," a new book, reveals some prizing stories famous white house pets and military leader's pets and joins to us t
how canines helped win world war ii and how dogs like bo obama have a special place in america. i have a cold, and i took nyquil, but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! thanks. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice...
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guns in america, should anything be done or are you comfortable with where things are? >> actually, i'm comfortable. i think that, for example, the killing that has aroused mr. costas' anger was an act of hatred and brutality, and that person wanted to kill somebody, they didn't need a gun to do it. so look, i just believe that it's one of our rights and -- joe? >> i start with the belief that the second amendment actually does protect the right of individual americans to own guns, but in my opinion, it's no more unlimited than the right of free speech which has limits. so i've supported, for instance, bans on the automatic weapons and for a while we've been trying to close what's called the gun show loophole. if you go in a store, it's pretty regulated now, to buy a gun at a regular gun shop there's a check done on you and national computer file of criminal records or if you can mental health records or indications of violence. if you go to a gun show, you don't have to do that. that's a problem. it's even a problem related to homeland security because some terrorists
guns in america, should anything be done or are you comfortable with where things are? >> actually, i'm comfortable. i think that, for example, the killing that has aroused mr. costas' anger was an act of hatred and brutality, and that person wanted to kill somebody, they didn't need a gun to do it. so look, i just believe that it's one of our rights and -- joe? >> i start with the belief that the second amendment actually does protect the right of individual americans to own guns,...
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and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> tom ricks talked about the david petraeus saga. fox news invited him onto talk about that network's favorite subject. let's say the discussion with the anchor didn't last long. scott asked about the republican opposition to susan rice being nominated as secretary of state made sense. he went on sunday shows with wrong information about the attack. >> i think benghazi was hiked by this network. >> when you have four people dead including the first u.n. ambassad ambassador, how do you call that hi hiked? >> it's impossible to figure out what happened. i think the emphasis on benghazi has been political because fox was operating as a wing of the republican party. >> tom ricks thanks very much for joining us today. >> you're welcome. >> that was it. less than 90 seconds. he got the hook. interview over. thank you very mu
and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> tom ricks talked about the david petraeus saga. fox news invited him onto talk about that network's favorite subject. let's say the discussion with the anchor didn't last long. scott asked about the republican opposition to susan rice being nominated as secretary of state made...
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and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. but don't just listen to me. listen to these happy progressive customers. i plugge
and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and...
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let's get to the battle in america. welcome to you both. >> thanks for having us. >> let me start with you, margaret hoover. this will be seen as a big win for the old guard republicans. i interviewed the three amigos as they call themselves this week, but i'm sure senators mccain and graham will sleep easy tonight knowing they've seen off the challenge from susan rice. are they right to be pleased about this? >> i don't know for them if it's as much personally about her or if it's about benghazi. all three of them did immediately today make statements saying we will not stop the scrutiny on benghazi and what her withdrawal does is stop the scrutiny or the headlines of benghazi. >> there's a fear that she's basically fallen on her sword because there's going to have to be a resignation linked to benghazi at some stage. >> it certainly won't be her. but remember the foundation really started to crumble on this when the left stopped supporting susan rice. so as much as the three amigos were out in front, maureen dowd had
let's get to the battle in america. welcome to you both. >> thanks for having us. >> let me start with you, margaret hoover. this will be seen as a big win for the old guard republicans. i interviewed the three amigos as they call themselves this week, but i'm sure senators mccain and graham will sleep easy tonight knowing they've seen off the challenge from susan rice. are they right to be pleased about this? >> i don't know for them if it's as much personally about her or if...
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america's natural gas... putting us in control of our energy future, now. let's say you want to get ahead how do you get from here... to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. ln fact, by thinking about where want your education to lead, while you're still in school, you might find the best route... leads somewhere you weren't even looking. let's get to work. the potential of yelp unlocked. nyse euronext. unlocking the world's potential. to a currency market for everyone. the potential of fxcm unlocked. nyse euronext. unlocking the world's potential. >>> our second story out front, a decent proposal after laughing off the president's proposal last week to avoid the fiscal cliff, john boehner today put out his own terms for a deal. which he says adds up to $2.2 trillion in savings. boehner's deal includes $800 billion in savings from tax reform from closing special interest loopholes and deductions. $600 billion in so-called health savings, which includes changes to medicare. 300 billion
america's natural gas... putting us in control of our energy future, now. let's say you want to get ahead how do you get from here... to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. ln fact, by thinking about where want your education to lead, while you're still in school, you might find the best route... leads somewhere you weren't even looking. let's get to work. the potential of yelp unlocked. nyse euronext. unlocking the...
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i think america can do a lot more on this issue. the national partnership prevent gun violence in this case. we know that over 40% of all guns are required outside of dealer sales. we know there needs to be a limit on high-capacity magazines. i think america is becoming more aware and more educated about the facts and circumstances that have led to this, frankly, national public health crisis here and the gun violence we're experiencing across this great nation. >> we earlier, tom, had a debate here. we heard from a congressman who wants tighter gun restrictions and another individual says the more guns out there, the safer all of us will be. this debate has been going on for a long time. all of our viewers know for a long time. i expect it will intensify. tom, what should be done in the short term to deal with this problem? >> in the short term, we need to talk about it. we need to get our congress to talk about, the president to pursue it, state legislatures to actually pursue it and not treat this like it's the third rail of poli
i think america can do a lot more on this issue. the national partnership prevent gun violence in this case. we know that over 40% of all guns are required outside of dealer sales. we know there needs to be a limit on high-capacity magazines. i think america is becoming more aware and more educated about the facts and circumstances that have led to this, frankly, national public health crisis here and the gun violence we're experiencing across this great nation. >> we earlier, tom, had a...
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and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vibrating ] [ female announcer ] with cisco at the center, working together has never worked so well. get selsun blue for itchy dry scalp. strong itch-fighters target scalp itch while 5 moisturizers leave hair healthy. selsun blue. got a clue? get the blue. we talked about the presidential election. what caught my fancy is congressman ryan and senator rubio will be at the jack camp center as guests. i believe rubio or ryan is receiving an award. just 2016 c
and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold...
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isn't your family worth america's number-one security company? call and get adt installed for just $99. and ask about adt pulse, advanced home management here today. adt. always there. >>> her death shocked the world, now british police are releasing new information about the nurse who took her own life after transferring a call to the ward treating princess catherine. what they're saying about the circumstances surrounding her death next. >>> a mother whose young children were viciously stabbed to death is reeling tonight. their killer is back on the streets. he was released from a mental health facility just yesterday. the case is as controversial as it is horrifying. 5-year-old olivier and his 3-year-old sister were stabbed to death in their own beds. each child had over a dozen wounds. as horrible as those facts alone are, the rest is worse. their father, a physician, is the one who killed them and he confessed. but a canadian jury ruled that he wasn't criminally responsible because of his mental state at the time. instead of prison, he was s
isn't your family worth america's number-one security company? call and get adt installed for just $99. and ask about adt pulse, advanced home management here today. adt. always there. >>> her death shocked the world, now british police are releasing new information about the nurse who took her own life after transferring a call to the ward treating princess catherine. what they're saying about the circumstances surrounding her death next. >>> a mother whose young children...
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america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. ♪ hark how the bells, sweet silver bells ♪ ♪ all seem to say throw care away ♪ ♪ from everywhere, filling the air ♪ [ female announcer ] chex party mix. easy 15-minute homemade recipes you just pop in a microwave. like caramel chocolate drizzles. happier holidays. chex party mix. happier holidays. have led to an increase intands clinical depression. drug and alcohol abuse is up. and those dealing with grief don't have access to the professional help they need. when you see these issues, do you want to walk away or step up? with a degree in the field of counseling or psychology from capella university, you'll have the knowledge to make a difference in the lives of others. let's get started at capella.edu >>> keeping them honest now, looking for facts tonight, not offering opinions or playing favorites. our goal tonight is just real reporting, as it is every night, finding the truth and calling out hypocrisy. tonight the stakes are life and death.
america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. ♪ hark how the bells, sweet silver bells ♪ ♪ all seem to say throw care away ♪ ♪ from everywhere, filling the air ♪ [ female announcer ] chex party mix. easy 15-minute homemade recipes you just pop in a microwave. like caramel chocolate drizzles. happier holidays. chex party mix. happier holidays. have led to an increase intands clinical depression. drug and alcohol abuse is...
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and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announc
and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life...
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and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> breaking news right now. fugitive software tycoon john mcafee wanted for questioning of the murder of his neighbor in belize has been on the run for three weeks from authorities but our martin savidge found him, caught up with him while on the run for an exclusive interview. and martin is on the phone right now from belize city. i know it was really difficult to find him. what did he tell you, first of all? >> well, first of all, i mean, he maintains his innocence. and we grilled him over and over about this issue. look, if you had nothing to do with the murder of your neighbor, why don't you do the right thing, turn yourself into authorities. they said they only want to question you. he is terrified that is not what it's about. he said he had nothing to do with the murder, but fears that if he turns himself in to au
and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> breaking news right now. fugitive software tycoon john mcafee wanted for questioning of the murder of his neighbor in belize has been on the run for three weeks from authorities but our martin savidge found him, caught up with him while on the run for an exclusive interview. and...
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one day, america, something terrible is going to happen. out front next, 22 days away from the fiscal cliff, the president is taking his plan on the road. one of our guests says mr. obama is overplaying his hand. >>> and radio prank is blamed for a suicide. two deejays behind the host speak out for the first time. s out for the first time. o speak out for the first time. a speak out for the first time. x speak out for the first time. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ and the next great idea could be yours. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. thi
one day, america, something terrible is going to happen. out front next, 22 days away from the fiscal cliff, the president is taking his plan on the road. one of our guests says mr. obama is overplaying his hand. >>> and radio prank is blamed for a suicide. two deejays behind the host speak out for the first time. s out for the first time. o speak out for the first time. a speak out for the first time. x speak out for the first time. [ male announcer ] citi turns 200 this year. in that...
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Dec 4, 2012
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america's natural gas... putting us in control of our energy future, now. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. ends december 7th. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. capella university understands back from rough economic times. employees are being forced to do more with less. and the need for capable leaders i
america's natural gas... putting us in control of our energy future, now. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local...
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. >>> our third story "outfront" he was one of america's elite warriors. high school graduate who earned a place among the u.s. special forces, a unit known for taking out osama bin laden. he was known for achieving a near lifelong goal many can only dream of. now we're learning more about the navy s.e.a.l. who died in that successful mission to rescue an american doctor who was being held captive in afghanistan. brian todd is in his hometown and talking to the people who knew him best. >> reporter: he died doing what he dreamed about since middle school. his last operation was a success. the 28-year-old from the elite s.e.a.l. team six, the lone american casualty in the mission that rescued an american dock for from captors in afghanistan. tony says he dreaded this day. still -- >> i never thought that anything like that could happen to him. he was always smarter. he was always faster. he was always, you know, always so dedicated. you know, just blew my mind when it happened. >> reporter: he played football and wrestled with nick in middle school, wrestle
. >>> our third story "outfront" he was one of america's elite warriors. high school graduate who earned a place among the u.s. special forces, a unit known for taking out osama bin laden. he was known for achieving a near lifelong goal many can only dream of. now we're learning more about the navy s.e.a.l. who died in that successful mission to rescue an american doctor who was being held captive in afghanistan. brian todd is in his hometown and talking to the people who...
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on that, on the impact of the budget cuts, on the defense department and why he thinks it could hurt america so much. all of that coming up tomorrow. thanks so much, as always, for watching us. live here tonight from kabul, afghanistan. "anderson cooper 360" starts now. >>> good evening. breaking news tonight. the woman believed to be president obama's first choice for secretary of state says no thanks. u.n. ambassador susan rice. she was the one caught up in the controversy of her statements following the murder in libya. the president stood up for her saying anyone that has a problem with her has a problem with him. instead there won't be a confrontation because late today ambassador rice took herself out of contention writing the president that she's honored to be considered for the office saying, quote, i am fully confident that i could serve our country ably and effectively in that role. however, if nominated, i am now convinced that the confirmation process would be lengthy, disrupt i've and costly. that trade-off is simply not worth it to our country. she said more to abc news. >> tod
on that, on the impact of the budget cuts, on the defense department and why he thinks it could hurt america so much. all of that coming up tomorrow. thanks so much, as always, for watching us. live here tonight from kabul, afghanistan. "anderson cooper 360" starts now. >>> good evening. breaking news tonight. the woman believed to be president obama's first choice for secretary of state says no thanks. u.n. ambassador susan rice. she was the one caught up in the controversy...
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who are we as america? we now will have official secrets and the american people can't know that not even congress can know? >> there things that congress does behind closed doors. can't it be kept a secret? >> no. you cannot have a democracy and even pretend to have a democracy if you are operating in secret. this move towardsy is cresy and being able to use deadly force without justification undermines our democracy and doesn't make us safer. >> should there be a special court system as a counter measure? what are you proposing? >> that congress exercise oversight. that's exactly what started to happen today because of the resolution that mr. paul and i put forward. it's a resolution that required the judiciary committee to have a hearing and it was a broad discussion. frankly that discussion was the first time that they had a discussion about u.s. drone policy. >> let me ask you this as you take a sip there. i know congressman paul back in the town hall back in october and he was asked about this specifi
who are we as america? we now will have official secrets and the american people can't know that not even congress can know? >> there things that congress does behind closed doors. can't it be kept a secret? >> no. you cannot have a democracy and even pretend to have a democracy if you are operating in secret. this move towardsy is cresy and being able to use deadly force without justification undermines our democracy and doesn't make us safer. >> should there be a special...
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same coverage on america's best networks. you saved $146.76 by switching to straight talk. awesome! now you can afford to share your allowance with me. get the season's hottest smartphones like the samsung galaxy s2 and get straight talk with unlimited data for just $45 a month -- from america's gift headquarters. walmart. ♪ >>> good morning. we're coming up on 30 minutes past the hour. i'm carol costello. one week ago today right about now a gunman burst into sandy hook elementary school and changed so many lives, not just in newtown, connecticut, but all across the country. sandy hook is just an incomprehensible tragedy but this morning, church bells and a moment of silence to honor the victims. right now the governor of connecticut, dan malloy and lieutenant governor nancy wyman are standing in front of edmond town hall. shortly you'll see the bell at the trinity episcopal church, it will ring the bells at 9:30 eastern time in honor of all of those murders in newtown. right now officially 29 states will participate, covering the memorial from newtown's united methodist church w
same coverage on america's best networks. you saved $146.76 by switching to straight talk. awesome! now you can afford to share your allowance with me. get the season's hottest smartphones like the samsung galaxy s2 and get straight talk with unlimited data for just $45 a month -- from america's gift headquarters. walmart. ♪ >>> good morning. we're coming up on 30 minutes past the hour. i'm carol costello. one week ago today right about now a gunman burst into sandy hook elementary...